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Old 01-05-2006   #1
TheBlizzard
 
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Re: DSM Values

You basically have to look at it like this. If you mod the car for a hobbie, then thats just what it is 'a hobbie'. Most hobbies don't turn out to have any financial gains, unless you collect something that is worth a lot or is in high demand.

If you want to get out of your hobbie, your most likely not going to get your whole investment back. People think when they mod cars and then they decide they want out that they should get their whole investment back. Wrong. Cars are a bad investment from the get go, not to mention mods don't make the book/loan value any higher.
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Old 01-05-2006   #2
sleepydsm
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Re: DSM Values

Quote:
Originally Posted by TheBlizzard
You basically have to look at it like this. If you mod the car for a hobbie, then thats just what it is 'a hobbie'. Most hobbies don't turn out to have any financial gains, unless you collect something that is worth a lot or is in high demand.

If you want to get out of your hobbie, your most likely not going to get your whole investment back. People think when they mod cars and then they decide they want out that they should get their whole investment back. Wrong. Cars are a bad investment from the get go, not to mention mods don't make the book/loan value any higher.

Can you tell that to everyone with a Nissan 240sx for sale?
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Old 01-05-2006   #3
93sc
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Re: DSM Values

Quote:
Originally Posted by TheBlizzard
You basically have to look at it like this. If you mod the car for a hobbie, then thats just what it is 'a hobbie'. Most hobbies don't turn out to have any financial gains, unless you collect something that is worth a lot or is in high demand.

If you want to get out of your hobbie, your most likely not going to get your whole investment back. People think when they mod cars and then they decide they want out that they should get their whole investment back. Wrong. Cars are a bad investment from the get go, not to mention mods don't make the book/loan value any higher.
I would actually believe that for the general public mods bring down the value of the car. Would you want to go out and buy a car you don't know a whole lot about that has a bunch of stuff done to it by someone you dont know? And then pay more money for it?
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Old 01-06-2006   #4
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Re: DSM Values

Quote:
Originally Posted by 93sc
I would actually believe that for the general public mods bring down the value of the car. Would you want to go out and buy a car you don't know a whole lot about that has a bunch of stuff done to it by someone you dont know? And then pay more money for it?
That depends if you still want the power or not, not if you have any idea of what's actually in the engine.
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